Mozambique says US gas giant Exxon to finalise LNG investment next week

U.S. energy giant Exxon Mobil will finalise its investment in Mozambique’s lucrative liquefied natural gas fields in a signing ceremony…

U.S. energy giant Exxon Mobil will finalise its investment in Mozambique’s lucrative liquefied natural gas fields in a signing ceremony on Tuesday, the African country’s government said via state television. Exxon’s Rovuma LNG project, jointly operated with Italian firm Eni, will produce, liquefy and sell natural gas from three reservoirs located in the Area 4 block offshore Mozambique’s northern coast.

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